In the beginning, the company to enabled ringtone commerce in Brazil, as well as the development of the country's first Wireless Application Protocol (WAP) search portal.

Movile was also the first company in Latin America to send images through the Multimedia Messaging Service (MMS) standard.

In 2001, Intraweb was absorbed by the GoWap website, the first company to receive a capital contribution by Rio Bravo Investimentos.

This was the birth of GoWapCorp, a company in the field of corporate market data solutions[buzzword] by mean of cell phones.

[2] Focus was transferred from the corporate market to concessionaires and end customers, with services such as cell phone video, games and music.

In 2007, Compera merged with nTime, a cell phone service company in Rio de Janeiro, creating ComperanTime.

In 2008, MIH Holdings, from the Naspers South African media group, acquired the interest held by Rio Bravo in ComperanTime.

[5] Following these discussions, Yavox became ComperanTime's wholly owned subsidiary, but both companies and their respective trade marks were to go on existing separately for several months more.

[7] In 2012, Movile opened its first offices in the United States[8] (in Silicon Valley, California) and concentrated its business strategy on that country's Latino market.

[9] By 2013, Movile invested $1.6 million in the startup iFood[10] and broadened the scope and number of orders by creating a smartphone application like PlayKids app release – considered to be the Children's Netflix.

iFood purchases San Francisco-based, online food delivery service, SpoonRocket's technology,[27] to expand their reach into additional restaurants in Latin America.

Apontador is the Brazilian leader in local search[citation needed], showing places, services, discounts, reservations and online facilities.